Are Malaysian Islamic banks’ corporate social responsibilities effective? A stakeholders’ view

Purpose – The purpose of this paper is to investigate the effectiveness of Islamic banks’ corporate social responsibility (CSR) using data collected from stakeholders in Malaysia. While Islamic scholars have developed the Islamic CSR from the Qur’anic verses, the Sunnah of the Prophet (SAW) and fr...

Full description

Bibliographic Details
Main Authors:	Jaiyeoba, Haruna Babatunde, Adewale, Abideen Adeyemi, Quadry, Mahmud Oluwaseyi
Format:	Article
Language:	English English
Published:	Emerald Group Publishing Ltd. 2018
Subjects:	HG1501 Banking HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/64056/ http://irep.iium.edu.my/64056/ http://irep.iium.edu.my/64056/ http://irep.iium.edu.my/64056/1/64056_Are%20Malaysian%20Islamic%20banks_article.pdf http://irep.iium.edu.my/64056/2/64056_Are%20Malaysian%20Islamic%20banks_scopus.pdf

id	iium-64056
recordtype	eprints
spelling	iium-640562019-06-11T00:56:49Z http://irep.iium.edu.my/64056/ Are Malaysian Islamic banks’ corporate social responsibilities effective? A stakeholders’ view Jaiyeoba, Haruna Babatunde Adewale, Abideen Adeyemi Quadry, Mahmud Oluwaseyi HG1501 Banking HG3368 Islamic Banking and Finance Purpose – The purpose of this paper is to investigate the effectiveness of Islamic banks’ corporate social responsibility (CSR) using data collected from stakeholders in Malaysia. While Islamic scholars have developed the Islamic CSR from the Qur’anic verses, the Sunnah of the Prophet (SAW) and from the western ideologies, the focus of this paper is to assess the effectiveness of the developed Islamic CSR practices. Design/methodology/approach – Quantitative research design was adopted for this study. Exploratory factor analysis, confirmatory factor analysis, and other analyses are performed on the data collected from 193 stakeholders in Malaysia. Findings – Based on the data collected and analyzed, the results show that stakeholders view the Malaysian Islamic banks’ CSRs as effective. Research limitations/implications – This study investigates the effectiveness of Malaysian Islamic banks’ CSR based on the survey data collected. However, future studies could explore this in greater depth using mixed methods. Practical implications – The research findings have great implications for researchers. Since this study is among the few research studies that investigate the effectiveness of Islamic CSR, the researchers have paved ways for further investigation in this area. In addition, the study encourages the Malaysian Islamic banks and other Islamic financial institutions to contribute more to the society. Originality/value – The study examines the effectiveness of Islamic banks’ CSR and contributes to the growing discussions on the Islamic CSR. The study has opened up this area for further investigations by other researchers Emerald Group Publishing Ltd. 2018 Article NonPeerReviewed application/pdf en http://irep.iium.edu.my/64056/1/64056_Are%20Malaysian%20Islamic%20banks_article.pdf application/pdf en http://irep.iium.edu.my/64056/2/64056_Are%20Malaysian%20Islamic%20banks_scopus.pdf Jaiyeoba, Haruna Babatunde and Adewale, Abideen Adeyemi and Quadry, Mahmud Oluwaseyi (2018) Are Malaysian Islamic banks’ corporate social responsibilities effective? A stakeholders’ view. International Journal of Bank Marketing, 36 (1). pp. 111-125. ISSN 0265-2323 https://www.emeraldinsight.com/doi/pdfplus/10.1108/IJBM-10-2016-0146 10.1108/IJBM-10-2016-0146
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English English
topic	HG1501 Banking HG3368 Islamic Banking and Finance
spellingShingle	HG1501 Banking HG3368 Islamic Banking and Finance Jaiyeoba, Haruna Babatunde Adewale, Abideen Adeyemi Quadry, Mahmud Oluwaseyi Are Malaysian Islamic banks’ corporate social responsibilities effective? A stakeholders’ view
description	Purpose – The purpose of this paper is to investigate the effectiveness of Islamic banks’ corporate social responsibility (CSR) using data collected from stakeholders in Malaysia. While Islamic scholars have developed the Islamic CSR from the Qur’anic verses, the Sunnah of the Prophet (SAW) and from the western ideologies, the focus of this paper is to assess the effectiveness of the developed Islamic CSR practices. Design/methodology/approach – Quantitative research design was adopted for this study. Exploratory factor analysis, confirmatory factor analysis, and other analyses are performed on the data collected from 193 stakeholders in Malaysia. Findings – Based on the data collected and analyzed, the results show that stakeholders view the Malaysian Islamic banks’ CSRs as effective. Research limitations/implications – This study investigates the effectiveness of Malaysian Islamic banks’ CSR based on the survey data collected. However, future studies could explore this in greater depth using mixed methods. Practical implications – The research findings have great implications for researchers. Since this study is among the few research studies that investigate the effectiveness of Islamic CSR, the researchers have paved ways for further investigation in this area. In addition, the study encourages the Malaysian Islamic banks and other Islamic financial institutions to contribute more to the society. Originality/value – The study examines the effectiveness of Islamic banks’ CSR and contributes to the growing discussions on the Islamic CSR. The study has opened up this area for further investigations by other researchers
format	Article
author	Jaiyeoba, Haruna Babatunde Adewale, Abideen Adeyemi Quadry, Mahmud Oluwaseyi
author_facet	Jaiyeoba, Haruna Babatunde Adewale, Abideen Adeyemi Quadry, Mahmud Oluwaseyi
author_sort	Jaiyeoba, Haruna Babatunde
title	Are Malaysian Islamic banks’ corporate social responsibilities effective? A stakeholders’ view
title_short	Are Malaysian Islamic banks’ corporate social responsibilities effective? A stakeholders’ view
title_full	Are Malaysian Islamic banks’ corporate social responsibilities effective? A stakeholders’ view
title_fullStr	Are Malaysian Islamic banks’ corporate social responsibilities effective? A stakeholders’ view
title_full_unstemmed	Are Malaysian Islamic banks’ corporate social responsibilities effective? A stakeholders’ view
title_sort	are malaysian islamic banks’ corporate social responsibilities effective? a stakeholders’ view
publisher	Emerald Group Publishing Ltd.
publishDate	2018
url	http://irep.iium.edu.my/64056/ http://irep.iium.edu.my/64056/ http://irep.iium.edu.my/64056/ http://irep.iium.edu.my/64056/1/64056_Are%20Malaysian%20Islamic%20banks_article.pdf http://irep.iium.edu.my/64056/2/64056_Are%20Malaysian%20Islamic%20banks_scopus.pdf
first_indexed	2023-09-18T21:30:51Z
last_indexed	2023-09-18T21:30:51Z
_version_	1777412500304691200

Are Malaysian Islamic banks’ corporate social responsibilities effective? A stakeholders’ view

Similar Items